July 25
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The European Bank for Reconstruction and Development (EBRD) has appointed Elisabetta Falchetti as the new Managing Director for Turkey and the Caucasus, the Bank said in a press release.

"This year our annual meeting was held in Yerevan and once again we witnessed the potential of the Caucasus. We will continue our work to develop the economies of Armenia, Azerbaijan and Georgia, supporting the development of the private sector and key infrastructure through investment and policy dialog for reform.

Falchetti will start her new position on August 1," the EBRD noted.

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